FP Markets vs IC Markets — Which Broker Offers Better Trading Conditions?

A side-by-side breakdown of fees, spreads, leverage, and overall trading experience.

Quick Comparison

FeatureFP MarketsIC Markets
Founded20052007
RegulationASICASIC, CySEC
Minimum Deposit$100$200
Forex SpreadsFrom 0.2 pipsFrom 0.1 pips
LeverageUp to 1:500Up to 1:500

Broker Overview

FP Markets is known for competitive pricing and strong ASIC regulation. IC Markets is popular for deep liquidity and ultra-tight spreads.

FP Markets Pros

  • Lower minimum deposit
  • Competitive spreads
  • Strong ASIC regulation

IC Markets Pros

  • Ultra-tight spreads
  • Deep liquidity pools
  • Great for scalpers

FP Markets Cons

  • Fewer educational tools
  • Limited global licenses

IC Markets Cons

  • Higher minimum deposit
  • Less beginner-focused

Fees & Trading Costs

IC Markets offers slightly tighter spreads on raw accounts. FP Markets provides competitive pricing with flexible account types.

Trading Platforms

Both brokers offer MetaTrader 4 and MetaTrader 5 with fast execution and professional trading tools.

Safety & Regulation

Both brokers operate under ASIC regulation and provide client fund protection measures.

Which Broker Should You Choose?

Choose FP Markets if:

  • You prefer a lower deposit
  • You want competitive spreads

Choose IC Markets if:

  • You focus on ultra-tight spreads
  • You use high-frequency strategies

Final Verdict: FP Markets vs IC Markets

IC Markets slightly wins for spread-focused traders, while FP Markets is ideal for those wanting a lower entry deposit.